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Office Building with Conference Room
For Sale
$1,150,000

2035 Westland Rd, Cheyenne, WY 82001

Occupied office property with flexible workspace, meeting facilities, and additional second-floor storage.

Property Size5,200 SF
Price / SF$221.15
Days on Market249

Property Features for 2035 Westland Rd

General Information

Standard status Active
Size 5,200 SF
Property subtype Commercial

Additional Details

Cap Rate 5.2%

Amenities

conference room

Building Details

Year Built 1981
Tenancy Single
Listing Agency: #1 Properties
Listed By: Jim Weaver · License #10624
Source: Cheyennehomesource
Added: Feb 10 Changed: Oct 1 Last Checked: Oct 16 at 8:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of #1 Properties

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Investment Insights

Based on property information with market context.

The property is a 5,200-square-foot office building constructed in 1981. Its layout includes a large conference room, up to 12 offices, and additional office and storage space on the second floor. The configuration provides both dedicated work areas and shared meeting space within the building.

Located at 2035 Westland Rd in Cheyenne, Wyoming, the property is being offered with a tenant in place. The current Class A tenant has 2 years remaining on the lease, along with a 2-year extension option. The property is reported at a 5.2% CAP rate.

Key Highlights

  • 5,200 SF office building at 2035 Westland Rd, Cheyenne, WY 82001
  • Large conference room and up to 12 offices
  • Additional office and storage area on the 2nd floor

Property Analytics

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Current Use

Commercial Design Engineering ... General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Furniture & Home Goods HVAC Service Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby

Demographics for 82001, WY

37,528
Population
17,977
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
95%
High-School Grad
55.1 sq mi
ZIP Area
681
Density / Sq Mi
$74,149
Median Household Income
$45,456
Median Earnings
$1,044
Median Rent
$291,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Occupied office property with flexible workspace, meeting facilities, and additional second-floor storage.
Where is this office building located?
The property is located at 2035 Westland Rd Cheyenne, WY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 5,200 SF office building at 2035 Westland Rd, Cheyenne, WY 82001; Large conference room and up to 12 offices; Additional office and storage area on the 2nd floor
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